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1 Key, routine activities that must be undertaken in each department of the organization are functional tactics corporate tactics resource tactics business tactics 2 These create differences across national boundaries that influence how people interact, read personal cues, and otherwise interrelate socially. Social norms Religions Values Educations 3 CCC21 stands for competitive cost competency in the 21st century. continuous cost competitiveness in the 21st century. cost chain competition for the 21st century. construction of cost competitiveness for the 21st century. 4 Short-term objectives are usually quantitative qualitative set to be completed within 5 years completed within 2 months 5 This idea factor involves following demographic and other broad trends and trying to develop ideas that may be relevant and useful. Market research Solution spotting Trend following Mental invention 6 In which type of strategy do functional tactics translate into action designed to accomplish specific short-term objectives? Grand strategy Operational strategy Corporate strategy Tactical strategy 7 While these may under perform established products in mainstream markets, they often offer features or capabilities appreciated by some fringe customer group. Lagging innovations Disruptive innovations Acquired innovations Throughput technologies 8 Strategic surveillance must be kept as fast as possible. as focused as possible. as unfocused as possible. internal. 9 Short-term objectives assist strategy implementation by identifying measurable outcomes of action plans or functional activities, which can make feedback, correction, and evaluation more relevant and acceptable more difficult more geared toward growth more expensive 10 The DMAIC (define, measure, analyze, improve, and control) process is relevant to CCC21 Six Sigma balanced scorecard strategic matrix analysis 11 This, called kaizen in Japanese, is the process of relentlessly trying to find ways to improve and enhance a company's products and processes from design through assembly, sales, and service. Incremental innovation Six Sigma Continuous improvement CCC21 12 Organizational culture includes important assumptions shared by members of the organization. These assumptions are often unstated very obvious to outsiders very similar to all other organizations in that industry formalized 13 The effort to familiarize future leaders with the skills important to the company and to develop exceptional leaders among the managers you employ is developing principles education and leadership development identifying an action plan creating passion 14 Power Fund is a long-standing brokerage firm with a great history of high returns and well-managed growth. The managers at Power Fund repeatedly refer to terms like quality, growth, and reliability in the firm's advertisements. This demonstrates managers' dissemination of stories and legends about core values. emphasis on key themes or dominant values. building time into the organization. managing the firm globally. 15 A leader's vision should be long simple varied complex 16 This is concerned with tracking a strategy as it is being implemented, detecting problems or changes in its underlying premises, and making necessary adjustments. Strategic control Strategy evaluation Strategic implementation Strategic decision-making 17 These are also referred to as crowdsourcing or open innovation. Ideagoras Golddiggers Sustainers Disruptors 18 Discussion about and agreement on short-term objectives help raise issues and potential conflicts within an organization that usually need little coordination require organizational coordination focus on public relations require additional personnel
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